Binary Options Trading
Many kinds of trades rely on outside market data to determine their outcome, but of all the varieties, binary options offer the most basic and straightforward format. A binary option offers only one of two outcomes. You either gain or lose. Binary options also feature fixed time limits, where in the end, your trade has either been successful, or not. Thanks to that simplicity, traders are attracted to binary options because they do not have to study the intricate ins and outs of international markets.
When a trader purchases a binary option, they are asked to decide which of two possible outcomes they find more likely. While plenty of traders do their research on market trends and news events, the limited range of a binary option does make it possible to test your luck and jump in with little to no background.
In general terms, there are three varieties of binary options, which all work in a similar fashion. With a digital option, a trader predicts if the price of a certain asset will rise or fall from its current market price within a set period of time. For example, a trader may choose a binary option predicting the price of gold will rise or fall in the next one hour. With a range option, a trader is asked to predict if the value of the chosen asset will within a set range by the set expiration, or not. Finally, with a touch option, a trader is asked to predict whether the price of a specified asset will touch a specific value at any point before the set expiry, or not. For example, a trader may be asked to decide whether the price of oil will hit a specific value within the agreed-upon expiration period.
At BinaryOptionsJourney.com, we feature over 70 broker reviews detailing what assets you can trade in, minimum deposit, minimum trade, rate of return, trading types, banking options, customer support info and if there’s a bonus offered to new traders as well as if the broker is licensed and regulated. We also feature great tutorials for both new and advanced investors with how-to guides and articles in our education section. Don't forget to take a look at our blog for the latest in financial news and reviews.
Feature Broker Reviews
TopOption features has more than 175 different assets, high returns to traders of up to 85% and instruments that range from 60 seconds to one touch. New traders receive up to a 25% bonus. Deposits start at $100 and trades starting at $5.
Capital Option features a payout of up to 85% with trading in commodities, forex, indices and stocks. $5 minimum for 60 second trades. New traders are welcomed with a 100% bonus.
Cedar Finance offers new traders a 100% bonus on their first deposit. Features include up to an 85% return rate, trades starting at $25 and customer support by phone, live chat or web form.
New Broker Reviews
|Sign Up||Sycamore Options||up to 75%||no bonus||Review|
|Sign Up||Titan Trade||up to 85%||up to 100%||Review|
|Sign Up||Winner Option||up to 85%||100%||Review|
|Sign Up||Boss Capital||up to 85%||up to 100%||Review|
|Sign Up||Power Option||up to 85%||100%||Review|
Binary Options Blog Latest News
Markets Remain Flat Despite Mixed Economic Data (July 25, 2014) - U.S. stocks were largely unaffected on Thursday despite mixed economic data coming in for the month of June. Unemployment claims were better than expected while the Department of Commerce reports indicated a drop in home sales in June by 8.1 percent, the biggest fall in almost a year. Positive quarterly results from major market movers [...] read more here
Wall Street, Asian Markets Slide Amidst Malaysian Jet Downing and Geopolitical Concerns (July 18, 2014) - Investors fled out of equities and turned to gold and U.S. government bonds on Thursday as news of Malaysian Airlines Boeing 777 being shot down came in. Wall Street experienced brisk selling of stocks following news of the mishap while Israel’s ground offensive in Gaza put further pressure on the markets. The markets were set [...] read more here
Portuguese Bank Woes Impact US Stocks Despite Strong US Economic Data (July 11, 2014) - US stocks declined but ended well off the day’s lows on Thursday as Espiroto Santo Financila Group SA, a Portuguese major bank announced a delay in debt payment, which in turn reminded investors of the weakness of Europe’s banking system. The only news to prevent any further decline was the Federal Open Market Committee minutes [...] read more here
Dow Jones and S&P 500 at Record Highs Following Jobs Report (July 4, 2014) - Wall Street ended the holiday-shortened week with the Dow and S&P 500 setting record highs following better than expected U.S. jobs data. The unemployment rate also dropped to 6.1 percent while Fed’s Janet Yellen also brought good news, stating at an International Monetary Fund meeting that there will be no rise in interest rates. Yellen [...] read more here
Wall Street Dips as Fed President Hints at Raising Interest Rates (June 27, 2014) - U.S. stocks ended lower on Thursday with six of the 10 S&P 500 sectors finishing the day in negative territory as Federal Reserve Bank of St. Louis President James Bullard reiterated his belief that interest rates were likely to be raised as early as the first quarter of 2015 rather than later. The S&P financial [...] read more here
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